Canada to spend $750 million on developing network infrastructure

The Innovation, Science and Economic Development Canada (ISED) has raised the Universal Broadband Fund (UBF) to $1.75 billion, up from the $1 billion announced last year. The increased funding announced yesterday, according to

Published on: November 10th, 2020 Tom Li

TrackTik receives $45 million to develop AI product for security guard firms

Montreal-based TrackTik Software Inc. announced Wednesday that it has received funding for its product that hopes to make the lives of security guards easier using artificial intelligence and machine learning. The $45 million in funding

Published on: January 10th, 2019 Meagan Simpson

Telus helps Kobo founder’s health benefits platform raise $62M in funding

We don't usually cover funding news on ITBusiness.ca, but health benefits platform League Inc.'s latest round is led by an unexpected backer: Telus Corp. The telecom's venture capital arm, Telus Ventures, has joined

Published on: July 24th, 2018 Eric Emin Wood

Startup Canada calls upon industry to invest in Canada’s entrepreneur community

Industry executives, government, and high-growth entrepreneurs gathered in Toronto last week at the Startup Canada Innovation Forum to share and spread a vision for the role of industry in supporting the growth of

Published on: May 25th, 2017 Lindsay Bright

8 secrets from a top Canadian venture capitalist

At the recent Fireside Conference held just outside Bancroft, Ontario, top Canadian fintech venture capitalist Christian Lassonde shared some insights into the mindset of a venture capitalist (VC). Focusing on fintech, Lassonde has invested in

Published on: September 23rd, 2016 Karim Kanji

Hootsuite hits 10M users, acquires Brightkit, launches Campaigns

Hootsuite Inc. has made a slew of announcements today, saying it has acquired Brightkit, a social media marketing platform – and it has already used Brightkit’s technology to launch a new product called

Published on: September 4th, 2014 Candice So

MaRS’ economic impact claims under fire from the Toronto Star

The Toronto Star says it has found some inconsistencies in MaRS Discovery District's claims about how it helps startups succeed. On Thursday, the Star ran a story by reporter Kenyon Wallace saying the

Published on: August 7th, 2014 Candice So

MaRS’ Jolt accelerator announces partnership with PayPal, fourth cohort

Updated July 29, 2014 at 4:07 pm ET to reflect further details from MaRS DD. MaRS Discovery District’s accelerator, Jolt, has announced a new partnership with PayPal Inc., as well as the start

Published on: July 28th, 2014 Candice So

NRC and federal government launch $20-million program for SMBs

The National Research Council of Canada (NRC) and the federal government are launching a new program, a $20 million investment over two years, aimed at small to mid-sized businesses (SMBs), giving them access

Published on: March 18th, 2014 Candice So

CIRA giving $1M to projects that “enhance Internet for all Canadians”

The Canadian Internet Registration Authority (CIRA) is launching a new program that will fund projects by as much as $100,000 each if they can improve the Internet for all Canadians. CIRA, which manages

Published on: January 29th, 2014 Candice So

Venture capital and funding: Where are the women?

Where are the women in Canadian venture capital?  Angel investors, and for that matter, where are the women-owned technology startups? Some months ago at the Gaining Momentum: Women In Techology event, Ilse Treurnicht,

Published on: January 15th, 2014 Cheryl Sylvester

Hyperdrive adds Toronto demo day to program

The Hyperdrive accelerator program run out of Waterloo, Ont.-based Communitech Hub will extend its intensive development period from three months to six months, it announced today. After completing two cohorts in its first

Published on: July 26th, 2013 Brian Jackson

Can’t write? Waterloo startup hopes to help

Ten technology startups will make their pitch in Waterloo, Ont.  Thursday for a chance at pocketing $25,000 and a spot in an accelerator program at the University of Waterloo. Velocity is hosting its

Published on: July 23rd, 2013 Brian Jackson

Series “A” financing: Will it be crunch, cliff, or sustainable customers?

Much has been written in recent months of  The Series "A" Crunch. Some view it as an epidemic that will cause the startup bubble to burst. Others see in as a rain storm

Published on: July 15th, 2013 Gerard Buckley